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Home My WebLink About2903 , ~ i . ~ . _ - tE 1 _ y,ti'~„hti+hW~: ~'wh~~fir~'~rk'w+~.~?~ O~P ~~~:~tika.ti.Wrh~.k~ti-~~ :~ti }~}+ti .~~h~: :~.'~.tifiC~rwti :»?ti~ ~ ~ ` 9 Ma ~ : 5-----25-~Q.44aQQ_.. - STUART, Florida, -•---•-Y 197_~._ ~ - k ~ FOR VAIUE RECEIVED, the undersigned, joii~tiy and severally, PROMISE TO PAY ta the order of ; , ' ` ~~Y,SS.I~L_.B.Ts~1~:.~L_B~l.t~,_.a.__~'~.or-ida--ba,~r.~..n~.:-c.or-ForatioA-------~------------------------------ . - r~..~ ry~{~~ ~ DOLLARS ` ~ .._..__17e1~4,X'-'~u~- .41W~A~~"~iiM--•~~~Yii•fitatsts'lalfl.i77a!!_taTtfTxiT~~~aw~slwlv~wawswawa~aM~wwc~wa.w._ ~ ~ ; at ...I~iLB4R-•-~t~c3h-~----k`-1~?]r-i~~-•-----------------------------..•.......--••-•-------.. .~----------------or such other place as the holder . - ~ hereof may designate in wriling, together with interest from date at the rate of pe~ centum per annum on the ~ - t unpaid balance until maturity. The said principal and interest shall be due and payable As fO~lO~Y9 S ~ 1 - . , ~ ~309.97 a mou~h, the fir~t pAyment being due oae month ~rom-~/1f Z-- ~ 1975 ~nd cont~nuing for each montl~ ~hereafter unti.l paid. This sum of ~ ~309.97 paid each month eh~l1 ~irst be credi.ted to.interest and the ~ rem~iuder to-the princ~~al of~this obl.igation. Thia note may be pre- ~ ~ ~ paid tn whole or i.n pnrt at sny time wi.thout penalty. ~ ~ ~ ~ . If de(~ult be m~d~ (or _a3Q d~y~ in th~ D~Y^'N~~ of ~~Y ~~~~~~~m~n: of Wint~p~l or int~r~il or any put ~hercoi, tfi• whole sum then rem~ini~9 = unpaid with inlertsl shall ~t hold~r'~ op~ion b~com• dw •nd p~Y~bl~ withoot notit~. hilur• to ?:~rs~s~ ~vth option ~hatl not tonstit~te s waiver oi the ~~ght _ to ~xaust th• sur~ in th~ tv~nt of iubstq~fnl dtf~ult. Aiter maturUy both printipal and atttwd intu~fl sh~ll l»ar intere~l al ...1~ per «ntum per annum ~ unfit P~id. Th~ m~k~rf ~nd endon~n of tAis not~ turtha w~iw d~m~nd, notic~ of non-paym~nt ~nd p~ote~t. 1( thl~ no~• it no~ paid n aturity ~nd th• ~eme ii = ~ pl~ctd with ~n attanay for colNttia+, th~ mak~n and MdOfNf~ Mnof ~prN to p~y ~11 co~h of toll~clion, includin9 all court cost~ •nd r~a~onabN allorney fees. ~ ~ _ " - ; ~_.._____._.~_------------------------------------------------.._.(SFAL) ~ ~rederfek Yaugk _ ~ ' ~ _ ; 3 41 (SEAI) ~ - . ~M~ ~ ^ ~l~~~Y~ ~ N • ~~ti i i i~~~~~~~ • ~~w~~0~ ~ .'y ".~w.'.~~".~~'~ :'tih.~'L+fi~D1r~ i~'t1":'~'y'~~'.:"~ d'~~~ • • . iJ ~ ' . ~ - ~ _ ~ ' . - 1F and shall duly, promptly and fully per(orm, discharge, execute, effect, complete~, ~omply with and abide by each ~ and e~'ery the stipulations, agreements, conditions and covenants of said prumis~ory note ~nd of this mortgage~ ~ then this mortgage and the estate hereby created shall cease and be niil! ancl ~•oid. _ It is understood that each of the µords, "note," "mortgagor' eu?6 "mottgngee" respect3~•ely and the pron- ~ ~ ouns referring thereto, whether in the singular or plural anywh~re in Ihts mortgage, shall be singvlar it one oNy ~ - and shall be plural jointly and severally, i[ more than one, and shall be masculine, feminine and/or neuter, wher- ~ - ever the context so implies or admits. - } And ssid Mortgagor for himaelf ar.d his hei~s, legal representatives, successors and asslgns~ hereby coven- ~ ants ana agrees to and with said Mortgagee, his legal representatives, successors and assigns: - ~ 1. Ta pay all _ and singvlar the principal and intereat and the various a.id sundry sums of money payable by ~ ~ vlrtue of said promissory note, and this mortgage, each and every, prompUy .on the days respecUvely the same = ~everally become due. - - i 2. To pay all and singular the tsuces, ~ssessments, IevIes, liabilities, obli~ations and incumbrances of every ~ r~ature and kind now on said described properly, and/or that herea[ter may be imposed, auftered, placed, levied , or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- ~ : ness secured hereby, each and every, when due and rayable according to la~v. before they become delinquent, and before any interest attact,es or any pendlty is incurred; and in so far as any thereoi is of record the same ~ shall be promptly satisfied and disrharoed o! record and the oriqinal otficial document (such_ as, for it~stance, :he taK receipt or the satisfaction paper officially endorsed or certi[ied) shall be placed in the hands of said ~ ~ btortgagee ~+~thin ten days next after payment; and in the event that any thereof is not so paid, satisfied and ( discharged, said 1liortgagee msy at any time pay the same or any part thereM ~+ithout wai~~ng or affecting ~ ; any opti0n,- lien, equity or right under or by ~•irtue of this mort~age, -and the full amount of each and every such payment shall be immediately due and payable and shal! bear interesE from the date thereo[ until patd at the rate ot ten per centutn per annum and iogether ~ti~lh such interest shall be secared by the lien of thia - mortgage. _ _ _ . ; 3. Z`o place and continuously keep on the baildin~s now or hereafter sltuate on said land fire and windstorm F ? - - Maximum in such com- T insurance in the ucual standard policy form, in a st~m, not less fhan S._._._ : _ pany or comp^nies as may be approved by sai~l :~tort~a~ce; an~i nll such insurance policies on any of said build- k ings, any interest therein or pari thereof, in the ~~~regate sum aforesaid or in excess there~f, shall contain the usual standar.i mort~agee clause mak;n~ the I~~~s ur:d~r s3id policies, each und ever}•, payable to said btortga- ~ gee as his interest map appear, and each ar,d e~•e:y su~•h pnlicy sha11 be promptly deli~•ered to and held by said ~ riortgagee; and, not less than ten days in nd~~an~e of the expiration of each policy, to deliver to said hfortgagee , p ~ a rene~val thereof, to~ett~er wilh a receipt fnr thP premium ot 9u~h renewal: and there ~he]? be no such insur- ~ - ance placed on any of satd buildinRs, any interest therein OC ~R*t thereo[,-unless in the form and with the loae- - " payable as aforesaid; and in the e~•ent any sum o[ money becomes payable under s~ich pollcy or policies said ~ I~SortKagee shall ha~•e the opllon to recei~~e and ~pply the same on account of the indebtedness secured hereby or ~ to permit said ~Sortga~or to recei~e and use it or any part thereot for other purposes without thereby waiving ~ or impafring anl equity. lien or ri~ht under or by yirtue of this mortgage; and in the event seid Mortgagor ahall - ~ for any reason feil to keep the saed premises so Insured, or fail to deliver promptly any of aaid poltcie~ of . j insurance to said riortgaRee, or fail promptly to pay fully any premium therefor, or in any respect tail to per- ~ ' form, discharge, execu[e, ef[ect, complete, comply ~sith and abide by this covenent, or any part hereof, satd Mortg- _ agee may place and pav for.such insurar~ce or any part thereof with~ut waiving or aifecUng any opii~n, lien, equlty.or right under or by virtue oi this mortgage, and the fuU amot~nt of each and-every euch payment shall ~ be immedIately due and pa}~able and ahall bear int~rest from the date thereof untll paid at the rate ot ten per ~ centum per annum and together with auch fnterest ~hall be secured by the llen o! We mortgage. _ - 4. To permit, commit or sut[er no ~•aste, impairment or deterlorstion oi ~ald property or any part thereof.. ~ b. To pay sll and aingular the co~ts, charges and expenses, including reasonable lawyer's fees and cost of ~ , abstracts of title, tncurred or paid at any ttme by eatd Mortgagee because and/o; !n ihe evenf o! the fallure on the part o[ the ssid Mortgngor to duly, promptly and hilly pecforTn, diacharge~ execute, etfect. comp;ete, ~ comply with and abide by each and_eyery the sttpulatione, agreements, conditlona and covenanL~~of eaid promfa• . - ~ory note. and thi~ mortgage, any or either, and ,a1d costa, chatge~ and expense~ each and every. ahall be fm- : mediately due and payable, whether ~r not ihere be notice, demand, attempt to collect or ~u;t pending: and ths full amount of each and every auch pavment ahall bear intere~t from the date Lhereof untll pald at the rate oi - ~ - ien per centum per annum; and all aatd co~ta, charges and expense~ so incurred or pald, together with euch !n- tere~t, ~hall be securad by the lien ot thfe mortgage. . , - ; - ~ i ~ ~ c~c~ ~ _ BOOItiG?~9 PAGE~~~p ~ _ ~ ~ _ - . . -